Democrats: Trump Must Surrender On Funding For A Border Wall To Avoid A Government Shutdown On His 100th Day In Office

Democrats: Trump Must Surrender On Funding For A Border Wall To Avoid A Government Shutdown On His 100th Day In Office | Illegal-Immigration-Border-Wall-Public-Domain-700x466 | Politics Special Interests Trump

Is Donald Trump going to unconditionally surrender to the Democrats and completely give up his dream of building a border wall in order to avoid a government shutdown on his 100th day in office? As I have warned before, the Democrats are perfectly willing to force a government shutdown if the Trump administration and the Republicans in Congress do not let them win all of the key battles in this funding bill fight. It is being reported that the Trump administration wants 3 billion dollars for extra border security and for construction of a border wall, and the Democrats are insisting that they will keep any bill that includes money for a border wall from ever getting through Congress. And of course the Democrats are also taking a very hard line on funding for Planned Parenthood, federal support for key Obamacare provisions, and resistance to increased defense spending. If the Trump administration and enough establishment Republicans in Congress cave in to the outrageous demands of the Democrats, a government shutdown will be avoided. If not, a government shutdown will begin on April 29th (Trump’s 100th day in office), and it could easily turn out to be the longest government shutdown in the history of the United States.

If Trump gives up on his border wall now, it is quite likely that he will never get it.

Emboldened by this success, the Democrats will simply threaten to block any new bill that contains funding for a border wall in the future. At some point Trump is going to have to stand up for himself if he ever wants to see his number one campaign promise become a reality, and the longer he waits the less leverage he is going to have.

At this moment, the Trump administration appears to be taking a tough stance on border wall funding, and they have even offered a deal to the Democrats that would trade continued Obamacare payments to insurers for money for a border wall…

Mick Mulvaney, President Trump’s budget chief, said the wall is the administration’s “top priority” for the talks, adding they would support key ObamaCare payments to insurers if Democrats backed the border wall money.

“We’d offer them $1 of CSR payments for $1 of wall payments. Right now that’s the offer that we’ve given to our Democratic colleagues,” Mulvaney said during a Bloomberg Live interview, referring to the ObamaCare payments known as cost-sharing reduction (CSR).

In that same interview, Mulvaney added that “you cannot expect a president who just won [an] election to give up very easily on his highest priority.”

And I certainly agree with Mulvaney. The border wall was the number one issue that Trump campaigned on, and if he unconditionally surrenders to the Democrats on this issue without much of a fight, it will essentially be the neutering of his entire presidency.

The Democrats seem to know what is at stake, and they are digging in for war. At this point they are completely united in their stance that there will not be a single penny for a border wall. The following comes from CNS News

Sen. Dick Durbin, an Illinois Democrat, told CNN’s “State of the Union” on Sunday that President Trump should not expect Congress to give him any money to fund his “outlandish” border wall.

Trump has requested $1.4 billion to get the wall started in the current fiscal year, which runs through September, but Durbin on Sunday called it a political stunt and a poison pill:

“I hope the president will back off,” Durbin said.

So will either side back down by Friday?

I don’t think so, and that means that a government shutdown is coming.

Of course there is talk that Congress could pass a one week or two week extension to give negotiations more time, but that would just delay the inevitable.

And it isn’t just the border wall that is a sticking point. Other issues such as funding for Planned Parenthood and increased spending for national defense could potentially derail any deal. The following comes from Business Insider

Thomas Block, a Washington policy analyst at Fundstrat, described the problem in a note to clients on Monday:

“In the House, there is a group consisting of Tea Party and Freedom Caucus Republicans who believe that almost any spending bill is too large for them to support. Therefore, Speaker Ryan is likely going to need some Democratic support to get a bill passed. The problem is that no Democrats will support a bill that contains the president’s stated priorities.

“Furthermore, many Republicans want to use the spending bill to stop all funding for Planned Parenthood, a clear poison pill as far as most Democrats are concerned.”

In order for the public to have three days to examine any bill before a vote happens, a spending bill is going to have to be unveiled in the House by Wednesday at the latest in order to meet the deadline.

Is that going to happen?

I doubt it, but it is always possible.

But even if a bill gets through the House, that doesn’t mean that the Senate will be on board with it, and unless that bill contains funding for a border wall Trump may not sign it.

So what specifically would happen during a government shutdown? The following is a good summary from Zero Hedge

  1. Details of which government functions stop are determined by the Office of Management and Budget.
  2. If it looks like a shutdown will occur, White House budget office works with federal agencies to determine which federal functions and employees are “essential” or “excepted.” The White House has latitude in how broadly it defines “excepted.”
  3. Agencies and services considered non-essential close. Federal workers will be furloughed without pay. The Federal Government employs over 4-million individuals, so this can be hundreds of thousands of workers affected. Congress may decide after the shutdown to pay them for the time off. Financial disruption is one concern.
  4. “Emergency personnel” continue to be employed, including the active duty military, federal law enforcement agents, doctors and nurses working in federal hospitals, and air traffic controllers. For the Department of Defense, at least half of the civilian workforce, and the full-time, dual-status military technicians in the US National Guard and traditional Guardsmen (those on Title 32 status) are furloughed without pay. Members of Congress continue to be paid, because their pay cannot be altered except by direct law.

Congress is only going to be back in session for two weeks before another extended 10 day vacation begins on May 5th.

That means that the clock is ticking, and at this point a deal does not seem close.

Personally, I am fully convinced that the Democrats are more than willing to allow a government shutdown to happen, because they believe that it will damage the Republicans far more than it will damage them.

So they are not going to move from their demands, and that means that either Trump is going to have to give up his dream of a border wall or there will be a government shutdown on his 100th day in office.


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11 Facts That Prove That The U.S. Economy In 2017 Is In Far Worse Shape Than It Was In 2016

11 Facts That Prove That The U.S. Economy In 2017 Is In Far Worse Shape Than It Was In 2016 | Economic-Trouble-Public-Domain | Economy & Business Special Interests

There is much debate about where the U.S. economy is ultimately heading, but what everybody should be able to agree on is that economic conditions are significantly worse this year than they were last year.  It is being projected that U.S. economic growth for the first quarter will be close to zero, thousands of retail stores are closing, factory output is falling, and restaurants and automakers have both fallen on very hard times.  As economic activity has slowed down, commercial and consumer bankruptcies are both rising at rates that we have not seen since the last financial crisis.  Everywhere you look there are echoes of 2008, and yet most people still seem to be in denial about what is happening.  The following are 11 facts that prove that the U.S. economy in 2017 is in far worse shape than it was in 2016…

#1 It is being projected that there will be more than 8,000 retail store closings in the United States in 2017, and that will far surpass the former peak of 6,163 store closings that we witnessed in 2008.

#2 The number of retailers that have filed for bankruptcy so far in 2017 has already surpassed the total for the entire year of 2016.

#3 So far in 2017, an astounding 49 million square feet of retail space has closed down in the United States.  At this pace, approximately 147 million square feet will be shut down by the end of the year, and that would absolutely shatter the all-time record of 115 million square feet that was shut down in 2001.

#4 The Atlanta Fed’s GDP Now model is projecting that U.S. economic growth for the first quarter of 2017 will come in at just 0.5 percent.  If that pace continues for the rest of the year, it will be the worst year for U.S. economic growth since the last recession.

#5 Restaurants are experiencing their toughest stretch since the last recession, and in March things continued to get even worse

Foot traffic at chain restaurants in March dropped 3.4% from a year ago. Menu prices couldn’t be increased enough to make up for it, and same-store sales fell 1.1%. The least bad region was the Western US, where sales inched up 1.2% year-over-year and traffic fell only 1.7%, according to TDn2K’s Restaurant Industry Snapshot. The worst was the NY-NJ Region, where sales plunged 4.6% and foot traffic 6.3%.

This comes after a dismal February, when foot traffic had dropped 5% year-over-year, and same-store sales 3.7%.

#6 In March, U.S. factory output declined at the fastest pace in more than two years.

#7 According to the Bureau of Labor Statistics, not a single person is employed in nearly one out of every five U.S. families.

#8 U.S. government revenues just suffered their biggest drop since the last recession.

#9 Nearly all of the big automakers reported disappointing sales in March, and dealer inventories have now risen to the highest level that we have seen since the last recession.

#10 Used vehicle prices are absolutely crashing, and subprime auto loan losses have shot up to the highest level that we have seen since the last recession.

#11 At this point, most U.S. consumers are completely tapped out.  According to CNN, almost six out of every ten Americans do not have enough money saved to even cover a $500 emergency expense.

Just like in 2008, debts are going bad at a very alarming pace.  In fact, things have already gotten so bad that the IMF has issued a major warning about it

In America alone, bad debt held by companies could reach $4 trillion, “or almost a quarter of corporate assets considered,” according to the IMF. That debt “could undermine financial stability” if mishandled, the IMF says.

The percentage of “weak,” “vulnerable” or “challenged” debt held as assets by US firms has almost arrived at the same level it was right before the 2008 crisis.

We are seeing so many parallels to the last financial crisis, and many are hoping that our politicians in Washington can fix things before it is too late.

On Monday, the most critical week of Trump’s young presidency begins.  The administration will continue working on tax reform and a replacement for Obamacare, but of even greater importance is the fact that if a spending agreement is not passed by Friday a government shutdown will begin at the end of the week

Trump has indicated that he wants to tackle the repeal and replacement of Obamacare and introduce his “massive” tax plan in the next week, all while a shutdown of parts of federal government looms Friday.

By attempting three massive political undertakings in one week, investors will have a sense of whether or not Trump will be able to deliver on pro-growth policies that would be beneficial for markets.

If Trump can pull off the trifecta, it could restore faith that policy proposals like tax cuts and infrastructure spending are on the way. If not, look out.

Members of Congress are returning from their extended two week spring vacation, and now they will only have four working days to get something done.

And I don’t believe that they will be able to rush something through in just four days.  The Republicans in Congress, the Democrats in Congress, and the Trump administration all want different things, and ironing out all of those differences is not going to be easy.

For example, the Trump administration is insisting on funding for a border wall, and the Democrats are saying no way.  The following comes from the Washington Post

President Trump and his top aides applied new pressure Sunday on lawmakers to include money for a wall on the U.S.-Mexico border in a must-pass government funding bill, raising the possibility of a federal government shutdown this week.

In a pair of tweets, Trump attacked Democrats for opposing the wall and insisted that Mexico would pay for it “at a later date,” despite his repeated campaign promises not including that qualifier. And top administration officials appeared on Sunday morning news shows to press for wall funding, including White House budget director Mick Mulvaney, who said Trump might refuse to sign a spending bill that does not include any.

And of course the border wall is just one of a whole host of controversial issues that are standing in the way of an agreement.  Those that are suggesting that all of these issues will be resolved in less than 100 hours are being completely unrealistic.  And even though the Trump administration is putting on a brave face, the truth is that quiet preparations for a government shutdown have already begun.

The stage is being set for the kind of nightmare crisis that I portrayed in The Beginning Of The End.  The stock market bubble is showing signs of being ready to burst, and an extended government shutdown would be more than enough to push things over the edge.

Let us hope that this government shutdown is only for a limited period of time, because an extended shutdown could potentially be catastrophic.  In the end, either the Trump administration or the Democrats are going to have to give in on issues such as funding for Obamacare, the border wall, Planned Parenthood, defense spending increases, etc.

It will be a test of the wills, and it will be absolutely fascinating to see who buckles under the pressure first.


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Why Are So Many Millennials Living With Their Parents Instead Of Getting Married And Starting Their Own Families?

Why Are So Many Millennials Living With Their Parents Instead Of Getting Married And Starting Their Own Families? | How-To-Live-With-Your-Parents-Wikimedia-Commons | Economy & Business Society US News

Did you know that the percentage of 18 to 34-year-old Americans that are married and living with a spouse has dropped by more than half since 1975?  Back then, 57 percent of everyone in that age group “lived with a spouse”, but today that number has dropped to just 27 percent.  These numbers come from “the Changing Economics and Demographics of Young Adulthood” report that was just released by the U.S. Census Bureau.  Some are postulating that the reason for this dramatic cultural shift is a phenomenon known as “extended adolescence”, while others fear that large numbers of young men and/or young women are giving up on the concept of marriage altogether.

Instead of getting married and starting their own households, many young adults are deciding that living with Mom and Dad is the best approach.  In fact, this new Census Bureau report found that one out of every three 18 to 34-year-old Americans is currently living with their parents

According to the Changing Economics and Demographics of Young Adulthood report for 2016, one in three Americans ages 18 to 34 are living at home with their parents.

Coming in second place is living with a spouse (27 per cent), followed by other (i.e. living with a roommate or other relatives, 21 per cent), living with a boyfriend or girlfriend (12 per cent) and living alone (8 per cent).

Once the last recession ended, this trend was supposed to start reversing, but instead the number of young adults still living at home has just continued to increase.  This is going to have very serious implications for our looming retirement crisis, and that is something that I am going to write about later today on End Of The American Dream.

And a lot of these young adults are not being productive members of society at all.  In fact, this new report from the Census Bureau found that one out of every four 25 to 34-year-old Americans that are currently living at home do not have a job and they are not going to school either.

In other words, they need to get a life.  I really like how a recent CNBC editorial made this point…

One of the most memorable Saturday Night Live sketches ever was broadcast in 1986 when guest host William Shatner played himself appearing at fictional Star Trek convention. After fielding one childish question after another from costumed fans in their late 20s and 30s, Shatner loses his cool and shouts: “GET A LIFE, will you people? I mean, for crying out loud, it’s just a TV show! … Move out of your parents’ basements! Get your own apartments and GROW THE HELL UP!”

Thirty-one years later, it sure seems like all of America needs to heed that message. Here’s why: The Census Bureau now says that more 18-34 year-olds are living with their parents than with a spouse.

But a lot of young men these days do not even want to go down the traditional route of marriage, family, career, etc.

In fact, a lot of them are forsaking the concept of marriage together.  Author Suzanne Venker says that a lot of these men are blaming their lack of desire to get married on modern women

“When I ask them why, the answer is always the same: women aren’t women anymore.” Feminism, which teaches women to think of men as the enemy, has made women “angry” and “defensive, though often unknowingly.”

“Now the men have nowhere to go. It is precisely this dynamic – women good/men bad – that has destroyed the relationship between the sexes. Yet somehow, men are still to blame when love goes awry.”

“Men are tired,” Venker wrote. “Tired of being told there’s something fundamentally wrong with them. Tired of being told that if women aren’t happy, it’s men’s fault.”

On the flip side, a lot of women are extremely distressed that so few men seem to have the willingness to commit these days.  So many men just want to run around having sex with an endless series of women without ever putting a wedding ring on any of their fingers.

Of course many men figure that if they can get some of the best benefits of marriage (sex, companionship, etc.) without having to make a commitment then that is a pretty good deal for them.

Personally, I am a huge advocate of marriage, but the rest of society is moving in the exact opposite direction.  According to the Pew Research Center, 44 percent of 18 to 29-year-old Americans now believe that “marriage is becoming obsolete”.  And for a lot more numbers like this, please see my previous article entitled “43 Facts About Love, Sex, Dating And Marriage That Are Almost Too Crazy To Believe”.

But of course not all young adults that are living at home are doing it for the wrong reasons.  Thanks to our long-term economic decline, it is much more difficult for young people to find good paying jobs today than it was several decades ago.  The following comes from CNS News

“More young men are falling to the bottom of the income ladder,” says the Census Bureau study. “In 1975, only 25 percent of men, aged 25 to 34, had incomes of less than $30,000 per year. By 2016, that share rose to 41 percent of young men (incomes for both years are in 2015 dollars).”

I have absolutely no problem at all with young adults that are living at home temporarily for economic reasons.  These Millennials are simply victims of our failing economy, and thus we should not be so quick to judge them.

And many of these young people graduate from college already saddled with tremendous amounts of debt.

According to the Bureau of Labor Statistics, the cost of going to college has increased by an astounding 63 percent since 2006.  We assure our youngsters that they will get good paying jobs when they graduate that will enable them to pay off those student loans, but once they do finally graduate many of them are discovering that the good paying jobs that we promised them do not exist.

Today, Americans owe more than a trillion dollars on their student loans.  It has become a major national crisis, and it is financially crippling an entire generation.

So the next time you hear of a young adult that is still living at home, don’t be so quick to judge until you know the facts.

Yes, there are many that need a good kick in the pants to get them going in life, but there are also millions that are simply victims of our ongoing long-term economic collapse.


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Central Banking Warfare Model Readies The Next Step (VIDEO)

Central Banking Warfare Model Readies The Next Step (VIDEO) | world-with-money-1024x729 | Banks Economy & Business Global Bankster Takeover Multimedia Special Interests War Propaganda

The global capacity for debt has reached it’s zenith. So-called developed markets and emerging markets have all reached maximum debt load. Of the all the major countries that impact the global GDP name one that’s not fully levered with debt. I’ll wait here while you look for that needle in a haystack.

We came into the bail outs. The G7 had levered up. Then we had the emerging markets lever up and they’re finished levering up and now everybody’s levered up. 

There is no place to go. We can go to an equity model and we can optimize bottom-up but that requires a legitimate pricing function. And when you’re trying to run the whole thing with fake intel, fake science, fake news…The harvesting machine needs a new way to dig and digital currency and digital cash is that way. But you need all those countries in the tent and you need the ability to force everybody into a digital system. Source

The world (tent) must get inline with the idea of global governance and global currency, otherwise, it will not work.

Cryptocurrencies and all the people who believe this digital illusion is going to somehow save us from the evil banksters are overlooking what I have been saying since bitcoin first came onto the scene – it plays into the hands of the banksters and their desire to move us all to a digital currency. If someone believes for a second that Amazon or any other large multinational corporation that conducts retail business is going to accept bitcoin when they have been instructed not to, they are simply living in a fantasy.

That’s why the guys from bitcoin drive me nuts. Because they think “Oh this is how we’re going to be free“. No, you’re prototyping Mr. Globals digital currency. Source

If a person thinks the central banks and their digital currency will COMPETE with bitcoin you are not seeing the entire picture. That is not going to happen – EVER. The reason gold was outlawed in the U.S. in the 1930’s was to keep gold from competing with the Federal Reserve Note. Why would anyone believe the Federal Reserve is going to allow a digital form of currency to compete with their wealth transferring mechanism on a large scale?

In the video – America: Freedom to Fascism – Aaron Russo discusses what one of the Rothschilds explained to him. This scheming, blood sucking bankster tells Mr. Russo the people will all be chipped and the currency will be digital. Do you honestly think bitcoin will be included in this “mark of the beast” technology? If the cash is eliminated and we can only use digital currency the banks would have the ability to turn off an individuals access to funds. If bitcoin, or any other cryptocurrency, is allowed to operate this would not work. The banks would not be able to enslave the people. The slave trade would collapse.

Central Banking Warfare Model Readies The Next Step (VIDEO) | enslavement | Banks Economy & Business Global Bankster Takeover Multimedia Special Interests War Propaganda

The only remaining question is whether China and Russia are in on the scheme. China already has a digital currency and most of the transactions in China are conducted without the use of cash. So, China is on board. That leaves Russia. What will Russia’s role be in moving to a digital currency operated by the central banks?

For me, it always comes back to gold and gold as currency. How would gold work in this new paradigm? What role would gold play? Will gold be, once again, outlawed, confiscated or simply remain outside the system?

Gold and silver have been money for thousands of years. The golden rule still applies – he who has the gold makes the rules. China and, their military partner, Russia, have lots of gold. India has a lot of gold in the hands of the citizens, but the central bank of India is not a major player like China and Russia. India has not been purposely adding to their gold horde the way Russia and China have been doing for the past decade. It’s funny to see India doing all they can to get their citizens to move away from acquiring physical gold while across the border in China the government is encouraging – and make it very easy – for the citizens to acquire gold. The Chinese citizens have been responding ever since this initiative was first announced. On the other hand, the citizens of India do all they can to keep the banking cabal and corrupt government out of their gold stash.

The western “developed” world is in desperate need of a major large scale war. Large scale war is the one thing that can cover the crimes of the western banking cabal and allow the system to be reset while the criminals blame someone else. Russia and China are the obvious targets of the U.S./U.K. with North Korea playing a minor role and possibly being used as a pawn to jump-start the whole thing. Syria is all about the oil and gas pipelines, so, Syria could be a jumping off point as well.

Whoever starts the next world war rest assured the U.S. will not be spared. Bombs will land on this soil and eliminate entire cities.

The world can not escape the debt saturation we find ourselves entangled. There are only a handful ways to get out of the web and war has always been, throughout all of history, the primary way this has happened. The difference today is nuclear weapons. Nuclear weapons create problems for thousands of years so is it really a viable option? A debt jubilee/reset is another way debt has been handled throughout history, however, the world was a lot smaller place. Revert to a gold standard and reset the debt to gold? I don’t know what the answer is, but I do know our time is running out.

This is a must listen interview with Catherine Austin-Fitts. She explains the above in greater detail and paints the picture all the way to the edge.

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Credit Card Nation: Why The Facebook Killer And The U.S. Congress Have A Great Deal In Common

Credit Card Nation: Why The Facebook Killer And The U.S. Congress Have A Great Deal In Common | Steve-Stephens-Photo-from-Cleveland-Police-460x329 | Economy & Business News Articles

Most Americans have seemingly convinced themselves that as a society we will never pay a great price for going into so much debt and that we will never pay a great price for the horrendous crimes against humanity that we are committing on a daily basis.  If you don’t understand what I am talking about, just keep reading the rest of this article.  Just as there are consequences for our actions individually, so there are also consequences for our actions as a society.  And although our national day of reckoning has been put off for quite some time, when it does finally arrive the pain is going to be absolutely unimaginable.

Just recently, I was astounded to learn that the total amount of credit card debt in the United States has crossed the trillion dollar mark.  It boggles my mind that so many Americans could be so foolish, because credit card debt is one of the worst forms of debt in existence, and financial experts all over the country have spent an extraordinary amount of time and energy trying to get this message across to people.

But even though people know that going into credit card debt is bad, they just keep on doing it anyway.  We have become a “buy now, pay later” society that gives very little consideration to long-term consequences.

On a national level, we are now nearly 20 trillion dollars in debt, and a historic showdown over government spending and debt threatens to absolutely paralyze the federal government at the end of this month.  At this point many believe that it will be virtually impossible for Congress to avoid a government shutdown on April 29th, and once it begins Donald Trump’s entire agenda will come to a complete and total crashing halt until the crisis is resolved.  The following comes from David Stockman

In the meanwhile, everything else — health care reform, tax cuts, infrastructure — will become backed-up in an endless queue of legislative impossibilities. Accordingly, there will be no big tax cut in 2017 or even next year. For all practical purposes Uncle Sam is broke and his elected managers are paralyzed.

The Treasury will be out of cash and up against a hard stop debt limit of $19.8 trillion in a matter of months. But long before that there will be a taste of the Shutdown Syndrome on April 28 owing to the accumulating number of “poison pill” “riders” to the CR.

These include the virtual certainty of riders to the House bill to “defund” Planned Parenthood and sanctuary cities. Other extraneous amendments will also possibly include funds demanded by the White House to start the Mexican Wall, enhance deportations and fund some of Trump’s $54 billion defense increase.

I am so glad that Stockman mentioned Planned Parenthood, because the decision whether or not to continue funding Planned Parenthood is going to be one of the central issues of this upcoming crisis.

Currently, the U.S. government gives Planned Parenthood roughly $500,000,000 a year.  By law, none of that money is supposed to be used to provide abortions, but everyone knows what the real deal is.

Some Planned Parenthood clinics do provide other services, but at the end of the day Planned Parenthood’s core business is abortion.  In fact, since Roe v. Wade was decided in 1973 they have killed far more babies than anyone else in the United States by a very wide margin.

And for decades, the U.S. government has been the number one source of funding for Planned Parenthood.  In fact, there are questions as to whether or not Planned Parenthood would be able to continue as a viable business without money from the federal government.

Over the years, when members of Congress have voted to shower Planned Parenthood with hundreds of millions of dollars a year, they have not done it in the heat of the moment.  Rather, their votes have been the result of cold, calculated decision-making processes.

In other words, the members of Congress that have been voting to keep funding Planned Parenthood year after year have the blood of millions of dead children on their hands, and there is very little difference between them and Facebook killer Steve Stephens.

When Stephens broadcast the cold-hearted murder of a 74-year-old man on Facebook on Sunday, he instantly became a worldwide celebrity.  And even though most people in the country have now seen his face, he continues to somehow elude authorities.

What Stephens has done is absolutely horrific, and when he is finally caught he will pay greatly for his crimes.

Just like Stephens, America is on the run today.  We keep thinking that we will never have to pay a price for the tens of millions of children that we have killed, and our government continues to fund the slaughtering of the innocents that goes on every single day in this nation.

But now Congress is going to be given one more chance to make the right decision.

The Republicans have control of the White House, the Senate and the House of Representatives.  They have the power to defund Planned Parenthood, but it is going to take a tremendous amount of resolve.

That is because under the current rules it is going to take 60 votes to get a spending agreement through the Senate, and so the Republicans will need at least 8 Democratic votes to get any bill to Trump’s desk.

Sadly, the Democrats are pledging to stretch out a government shutdown indefinitely if Republicans try to defund Planned Parenthood.

So what will the Republicans do?  Well, they could change the rules in the Senate to require only a simple majority vote on spending bills, and that would essentially be the “thermonuclear option”.

Or they could give in, but if they do that it would likely mean that Planned Parenthood will never be defunded, because the Republicans will never have a better opportunity than they do right now.

And I have a feeling that is what is going to happen.  I have a feeling that the Republicans are going to give in at some point and agree to keep giving Planned Parenthood half a billion dollars a year.

If that is indeed what happens, both the Democrats and the Republicans that help pass such a bill will be cold-blooded killers just like Facebook killer Steve Stephens, only those Democrats and those Republicans will have far more blood on their hands than Stephens does.

Most people do not realize this, but without a doubt this is one of the most critical moments in modern American history.  And if the funding of Planned Parenthood continues, I have a feeling that is going to mean that our national day of reckoning is much closer than most people would dare to imagine.

If we do not stop what we are doing, someday our crimes will catch up to us, and the debt that we will owe at that point will be far beyond what we can bear to pay.


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Not Prepared: Will Most Americans Be Absolutely Blindsided By Multiple Wars And A Simultaneous Economic Collapse?

Not Prepared: Will Most Americans Be Absolutely Blindsided By Multiple Wars And A Simultaneous Economic Collapse? | Lightning-Storm-Public-Domain | Collapse Economy & Business PreparednessSurvival

According to CBS News, an astounding three-fourths of all Americans have to “scramble to cover their living costs” each month.  In other words, most of the country is either living paycheck to paycheck or very close to it.  But instead of tightening their belts and trying to put something away for the very hard times that are coming, most Americans are completely and utterly unprepared for what is ahead because the people that they trust on television keep telling them that everything is going to be okay.  Unfortunately, everything is not going to be “okay”, and when things start falling apart all around us there is going to be a lot of anger directed toward those that have been lulling everyone into a false sense of security.

One of the reasons why I am sounding the alarm so loudly is so that people will not be blindsided by the things that are about to happen to this country.  As you will see below, we are on the precipice of two major wars, conditions are ripe for a devastating economic collapse, and if you were to throw in a major natural disaster or two you would have a recipe for the kind of “perfect storm” that many have been warning about.

Earlier today I focused on our looming economic problems, and in this article I want to address the potential for more military conflict in the very near future.  When Donald Trump hit Syria with 59 cruise missiles, millions of Americans greatly celebrated, but much of the rest of the world was deeply alarmed.

The Trump administration has said that more strikes are possible, but Russia and Iran are both pledging that “we will respond with force” if any more attacks are conducted…

RUSSIA and Iran have said they will respond to further American military actions following the air strike in Syria last week.

In a joint statement, the command centre for the two countries and allied groups said “we will respond to any aggression”.

The statement read: “What America waged in an aggression on Syria is a crossing of red lines. From now on we will respond with force to any aggressor or any breach of red lines from whoever it is and America knows our ability to respond well.”

Do you understand what that means?

If Trump fires off any more cruise missiles at Syria, we will essentially be in a state of war with both Russia and Iran.

Previously, Russia had warned that our two nations were “one step from war” because of Trump’s actions, but the Trump administration is showing no signs of backing down.  In fact, UN Ambassador Nikki Haley says that regime change in Syria is now a top priority

The US ambassador to the United Nations, Nikki Haley, who has done a remarkable job of continuing the diplomatic tone set by her predecessor Samantha Power, said in an interview on CNN’s “State of the Union” which will air in full on Sunday, that regime change in Syria as one of the Trump administration’s top priorities in Syria.  Her statement was a complete U-turn from what she said just over a week ago, when she told a group of reporters that the US was “no longer focused on getting Assad out.”

Some members of the administration are apparently even advocating a full-blown invasion of Syria.  For example, it is being reported that National Security Adviser H.R. McMaster has come up with a plan to send 150,000 U.S. ground troops into the country…

As NSA, McMaster’s job is to synthesize intellience reports from all other agencies. President Trump is being given an inaccurate picture of the situation in Syria, as McMaster is seeking to involve the U.S. in a full scale war in Syria.

The McMaster-Petraeus plan calls for 150,000 American ground troops in Syria.

Many special operations veterans including General Joseph Votel have raised serious concerns about McMaster’s plans for Syria.

I don’t know if I have the words to describe how incredibly foolish that would be.

Do we really want to fight an extremely bloody ground war with the combined forces of Russia, Iran, Syria and Hezbollah?

There is very little good that could come out of a war in Syria even in the most rosy scenarios possible, but if things go bad they could go really, really bad.

Meanwhile, NBC News is reporting that President Trump is considering various military options for North Korea, and one of those options includes “killing dictator Kim Jong-Un”…

The National Security Council has presented President Donald Trump with options to respond to North Korea’s nuclear program — including putting American nukes in South Korea or killing dictator Kim Jong-un, multiple top-ranking intelligence and military officials told NBC News.

After seeing what happened in Syria and hearing these threats openly discussed in the U.S. media, what do you think Kim Jong-Un is thinking at this point?

One member of Congress is warning that “millions can die” if a military strike against North Korea goes badly.  Once U.S. missiles begin flying, North Korea can start firing off their nukes and their vast arsenal of chemical warheads almost instantly.

Could you imagine what would happen if large numbers of deadly nerve gas warheads started exploding in downtown Seoul, downtown Tokyo and at U.S. military bases in Japan?

The carnage would be off the charts, and this is a scenario that we want to avoid at all costs.

Unfortunately, it seems like we are coming closer to a conflict with North Korea with each passing day.  In fact, today we learned that an aircraft carrier strike group headed by the USS Carl Vinson is sailing in the direction of North Korea right now

Amid rising tensions with North Korea, an aircraft carrier strike group led by the USS Carl Vinson were heading toward the Korean peninsula.

The aircraft carrier and its accompanying ships had been scheduled to leave from Singapore for port visits to Australia on Saturday, but Adm. Harry Harris, head of U.S. Pacific Command, ordered the strike group to head north toward Korean waters instead.

So what happens if the U.S. starts fighting two major wars simultaneously, the biggest debt bubble in the history of the planet starts bursting, and the U.S. stock market crashes by 50 percent as some analysts are projecting?

Some Americans still have memories of living through the Great Depression and World War II, but most of us have been living in a bubble of peace and prosperity for so long that we don’t think that anything could ever come along and threaten our way of life.

And since the election of Donald Trump, interest in “prepping” has dropped to the lowest level that I have ever seen.  Most people have been lulled into a false sense of security, while the truth is that we have entered perhaps the most dangerous period of time in modern American history.

So you all can do whatever you want, but me and my house are going to get prepared for the tremendous storm that is about to hit this nation.

Those that are wise will do the same, but unfortunately most Americans are going to get absolutely blindsided by what is coming because they have been trusting the wrong voices.


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2017 Debt Crisis: Once Vacation Ends, Congress Will Have 4 Days To Avoid Government Shutdown On April 29

2017 Debt Crisis: Once Vacation Ends, Congress Will Have 4 Days To Avoid Government Shutdown On April 29 | U.S.-Capitol-Photo-by-Martin-Falbisoner | Economy & Business Government Special Interests

April 2017 could turn out to be one of the most important months in U.S. history that we have seen in a very long time.  On April 6th, Donald Trump attacked Syria on the 100th anniversary of the day that the U.S. officially entered World War I, and now at the end of this month we could be facing an unprecedented political crisis in Washington.  On Friday, members of Congress left town for their two week “Easter vacation”, and they won’t resume work until April 25th.  What this means is that Congress will have precisely four days when they get back to pass a bill to fund government operations or there will be a government shutdown starting on April 29th.

Up to this point, there has been very little urgency by either party to move a spending bill forward.  It is almost as if everyone is already resigned to the fact that a government shutdown will happen.  The Democrats will greatly benefit from a government shutdown because they can just blame the entire mess on the Republicans.  But for the GOP, this is essentially the equivalent of political malpractice.

To me, there is simply no way that Congress is going to be able to agree on a bill that funds the entire government in just four days.  And it turns out that this upcoming deadline comes exactly on the 100th day of Trump’s presidency

The U.S. government is poised to shut down on Day 100 of Donald Trump’s presidency, unless Congress can pass a new spending bill or a continuing resolution before the current one expires on April 28.

Since Congress is currently on a two-week recess, there will be a sense of urgency to get a new bill passed once they reconvene on April 25. Leaders in both chambers would have four days to craft a new proposal that each side can agree on and get it on the president’s desk for Trump to sign.

If the Republicans control the White House, the Senate and the House of Representatives, why will it be so difficult to get an agreement on a spending bill?

Well, first of all, look at how difficult it was for the Republicans to agree on a bill to repeal and replace Obamacare.  At this point, it doesn’t look like that is going to happen at all.

More importantly, any bill to fund the government is going to require 60 votes in the Senate.  The “nuclear option” that the Republicans just used to push the Gorsuch Supreme Court nomination through is not available in this case under current Senate rules because a spending bill of this nature would not qualify.

So the Democrats have leverage, and they plan to use it to the maximum.  Senate Minority Leader Chuck Schumer is already promising to block any spending bill that includes funds for a border wall or that defunds Planned Parenthood

The threat from Senate Minority Leader Chuck Schumer and other Democratic leaders sets up a climactic first showdown with the president, particularly with their inclusion of Trump’s signature border wall proposal.

“If Republicans insist on inserting poison pill riders such as defunding Planned Parenthood, building a border wall, or starting a deportation force, they will be shutting down the government and delivering a severe blow to our economy,” Schumer said in a statement.

Up until now, Trump hasn’t needed Democratic votes to stock his cabinet or advance the repeal of Obamacare, but a spending bill keeping the government open is subject to a 60-vote threshold in the Senate.

Do you understand what this means?

President Trump is going to be under an immense amount of pressure to end the government shutdown once it begins, but to do so will mean that he has to give up his goal of getting a border wall.

Do you think that Trump will just throw in the towel and forget about his beloved border wall after giving countless speeches promising one?

It is a game of chicken between Trump and the Democrats, and I don’t think that either side will give in easily.

Of even greater importance is the debate over the funding of Planned Parenthood.

There are members of the Freedom Caucus that will absolutely not vote for any spending bill that includes funding for Planned Parenthood.  But without the Freedom Caucus, there aren’t enough Republican votes to get a spending bill through the House of Representatives.

Alternatively, Senate Minority Leader Chuck Schumer is vowing that his party will block any funding bill that attempts to defund Planned Parenthood in the Senate.

If Planned Parenthood is not defunded now, it never will be defunded.  This is one of the most pivotal moments in recent U.S. political history, and the outcome is going to have extraordinary consequences for our nation.

For those that are optimistic that there will not be a government shutdown, do you actually expect me to believe that this battle over the funding of Planned Parenthood will somehow get resolved in just four days?

Give me a break.

And of course there are dozens of other major issues that have to be resolved as well.  For example, Senator McCain is promising note to vote for any bill unless it includes an enormous increase in military spending, while many Senate Democrats would be very much against such a move.

I don’t see any way that a government shutdown is going to be avoided at this point, and the longer it goes on the more financial markets are going to get rattled.

Meanwhile, we continue to get even more signs that a substantial slowdown has begun for the U.S. economy.  Last week, we learned that only 98,000 jobs were added in March, and that was only about half of what most analysts were expecting.

And since it takes approximately 150,000 jobs a month just to keep up with population growth, that means that we are losing ground.

At the same time, the Atlanta Fed’s GDPNow forecasting model is now projecting that U.S. GDP growth for the first quarter of 2017 will be just 0.6 percent on an annualized basis.

That is absolutely pathetic, and as I have said before, I wouldn’t be surprised at all if we actually end up with a negative number for the first quarter.

If we do indeed get a negative number for the first quarter and that is followed by another negative number for the second quarter, that will mean that a new recession has already started right now but we just haven’t gotten official confirmation yet.

And lots of other things are already happening which have not happened since the last recession.  For instance, this is the first time since the last financial crisis when there has been no growth for commercial and industrial lending for at least six months.

In addition, commercial bankruptcies spiked during the last recession, and now it is happening again

Commercial bankruptcy filings, from corporations to sole proprietorships, spiked 28% in March from February, the largest month-to-month move in the data series of the American Bankruptcy Institute going back to 2012.

Of course consumer bankruptcies are rising at an alarming rate as well.  The following comes from Wolf Richter

In December, bankruptcy filings rose 4.5% from a year earlier. In January they rose 5.4%. It was the first time consumer bankruptcies rose back-to-back since 2010. I called it “a red flag that’ll be highlighted only afterwards as a turning point.”

In March, consumer bankruptcy filings rose 4% year-over-year, to 77,900, the highest since March 2015, when 79,000 filings occurred, according to the American Bankruptcy Institute data.  The turning point has now been confirmed.

If you would like, I could keep talking about the bad economic news for a couple thousand more words.  U.S. credit card debt has just surpassed the one trillion dollar mark, a major crisis has arrived for the U.S. auto industry, thousands of retail stores are closing all over America, our pension funds are underfunded by trillions of dollars, and the U.S. national debt is now sitting at a grand total that is just shy of 20 trillion dollars.  The only reason that we have not crossed that 20 trillion dollar mark yet is because the debt ceiling deadline has already passed, and that is another thing that Congress needs to address very quickly if they want to avoid a major crisis.

Needless to say, the last thing that we need at this point is another war or two on top of everything else.

Unfortunately, a U.S. aircraft carrier strike group headed by the USS Carl Vinson is heading toward North Korea right at this moment, and Russia and Iran are promising to “respond with force” to any new U.S. attacks on Syria.  I will be writing quite a bit more about all of this on End Of The American Dream later today.

Those that were hoping for some sort of “reprieve” under Donald Trump can forget all about that now.  The pace of global events is really starting to accelerate, and the U.S. is already in a more precarious position than it was at any point in 2016.

The clouds have been building for a very long time, and now the storm is almost upon us.  I hope that you have been getting prepared, because a day of reckoning for the United States of America is closing in very rapidly.


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Subprime Crisis Is Here: 12 Signs Day Of Reckoning Has Arrived For U.S. Auto Industry

Subprime Crisis Is Here: 12 Signs Day Of Reckoning Has Arrived For U.S. Auto Industry | Auto-Industry-Public-Domain | Economy & Business Special Interests

In 2008, subprime mortgages almost single-handedly took down the entire financial system, and now a new subprime crisis is here.  In recent years, the auto industry has been able to boost sales by aggressively pushing people into auto loans that they cannot afford.  In particular, auto loans made to consumers with subprime credit have been accounting for an increasingly larger percentage of the market.  Unfortunately, when you make loans to people that should not be getting them, eventually a lot of those loans are going to start to go bad, and that is precisely what is happening now.  Meanwhile, automakers and dealers are starting to panic as sales have begun to fall and used car prices have started to crash.  If you work in the auto industry, you might remember how horrible the last recession was, and this new downturn could eventually turn out to be even worse.  The following are 12 signs that a day of reckoning has arrived for the U.S. auto industry…

#1 Seven out of the eight largest automakers in the United States fell short of their sales projections in March.

#2 Overall, U.S. auto sales so far in 2017 have been described as a “disaster” despite record spending on consumer incentives by automakers.

#3 Dealer inventories are now at the highest level that we have seen since the last financial crisis.  Why this is so troubling is because there are a whole lot of unsold vehicles just sitting there doing nothing, and this is becoming a major financial problem for many dealers.

#4 It now takes an average of 74 days before a dealer is able to sell a new vehicle.  This number is also the highest that it has been since the last financial crisis.

#5 Not only is Ford projecting that sales will fall this year, they are also projecting that sales will fall in 2018 as well.

#6 Used vehicle prices are already starting to decline dramatically

The used-vehicle price index from the National Automobile Dealers Association posted a 3.8% decline in February compared to the prior month. NADA also said wholesale prices fell 1.6%.

#7 As I discussed yesterday, Morgan Stanley is projecting that used car prices “could crash by up to 50%” over the next four or five years.

#8 Right now, more than a million Americans are behind on their payments on their auto loans.  This is something that has not happened since the last financial crisis.

#9 In 2017, U.S. consumers are more “underwater” on their auto loans than they have ever been before.

#10 Subprime auto loan losses have soared to their highest level since the last financial crisis, and the delinquency rate on those loans has risen to the highest level that we have seen since the last financial crisis.  By now, I am sure that you are starting to notice a pattern in these data points.

#11 At this moment, approximately $200,000,000,000 has been loaned out by auto lenders to consumers with subprime credit.

#12 Just like with subprime mortgages in the run up to the last financial crisis, subprime auto loans have been bundled together and sold as “securities” to investors.  And just like last time around, this has turned out to be a recipe for disaster

Many auto loans, including those considered subprime, are securitized and sold to investors. But Morgan Stanley recently reported that the share of auto securities tied to “deep subprime” loans – those given to borrowers with a FICO credit score below 550 — has risen from 5.1 percent in 2010 to 32.5 percent today. It said defaults on those bonds have risen significantly in the past five years.

Almost a quarter of the more than $1.1 trillion in U.S. auto loan debt is owed by subprime borrowers, and delinquency rates have hit their highest point in seven years.

In the old days, you could always count on the U.S. auto industry to bounce back eventually because of the economic strength of average U.S. consumers.

Unfortunately, the middle class in America is being systematically hollowed out by long-term economic trends that our leaders in Washington D.C. have consistently ignored.

We have become a nation of economic extremes.  There are more millionaires in this country than ever before, but meanwhile poverty is exploding in communities all over the country.

If you live in a prosperous area, things may be going great where you live for the moment.  But as Gallup has discovered, an all-time record high percentage of Americans are worrying “a great deal” about hunger and homelessness these days…

Over the past two years, an average of 67% of lower-income U.S. adults, up from 51% from 2010-2011, have worried “a great deal” about the problem of hunger and homelessness in the country. Concern has also increased among middle- and upper-income Americans, but they still worry far less than do lower-income Americans.

You may have plenty of money in your bank account, and so for you hunger and homelessness are not very big issues.  But for those that are just scraping by from month to month, having enough food and a place to sleep at night are top priorities.  Here is more from Gallup

Americans at all income levels are expressing greater concern about hunger and homelessness, and it is the top worry among lower-income Americans, who are most likely to struggle to pay for adequate food and housing.

In addition to the woes of the auto industry, the retail industry is going through the worst wave of store closings in modern American history, pension funds are melting down all over the nation, and stocks are primed for a crash of epic proportions.  Things are lining up just right for the kind of scenario that I laid out in The Beginning Of The End, but unfortunately most people are not listening to the warnings.

The same thing happened just before the great financial crisis of 2008.  All of the warning signs were there well in advance, and many of the experts were warning about what was coming as early as 2005.  But because it did not happen immediately, a lot of people greatly mocked the warnings.

But then the fall of 2008 arrived and all of the mockers suddenly went silent.

As you can see from the numbers that I shared above, a new crisis has already arrived.

The only question now is how bad it will ultimately turn out to be.

As always, let us hope for the best, but let us also get prepared for the worst.


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The Debt Ceiling Deadline Has Passed, And Now The Biggest Test Of Donald Trump’s Presidency Begins…

The Debt Ceiling Deadline Has Passed, And Now The Biggest Test Of Donald Trump’s Presidency Begins… | debt-ceiling1 | Economy & Business Special Interests

Last Wednesday, the temporary suspension of the debt ceiling ended, and so now the federal government is not going to be able to go into any more debt until the debt ceiling is raised.  For the moment, the Trump administration can implement “emergency measures” to stay under the debt limit, but it won’t be too long before we get to a major crisis point because the federal government is quickly running out of cash.  Already, the U.S. Treasury has less cash on hand than Apple or Google, and that cash balance is going to keep on dropping until the debt ceiling is finally lifted.

You may remember that the debt ceiling became a major issue a couple of times during the Obama years.  Last time around, Barack Obama and the Republicans in Congress agreed to a horrendous deal which suspended the debt ceiling until several months after the 2016 election

Since President Barack Obama signed the “Bipartisan Budget Act” on Nov. 2, 2015 there had been no legal limit on the amount of money the federal government could borrow until now. That law included a section entitled “Temporary Extension of Public Debt Limit.” It said that the law imposing a limit on the federal debt “shall not apply for the period beginning on the date of the enactment of this Act and ending on March 15, 2017.”

During the 16 and a half months between the signing of that deal and today, the U.S. national debt rose by a whopping $1,414,397,000,000.

But now the U.S. national debt will not be allowed to rise by another penny until the debt ceiling is raised or suspended once again.

The Trump administration is pushing hard to get the debt ceiling raised, and this is a complete reversal from how Donald Trump felt about the debt ceiling back in 2013.  The following comes from the L.A. Times

Trump sided with hard-liners in 2013, publicly opposing an increase. “I cannot believe the Republicans are extending the debt ceiling — I am a Republican & I am embarrassed!” he tweeted then.

Trump was actually right about the debt ceiling in 2013, and he is wrong now.

We simply cannot afford to keep adding trillions of dollars to the national debt.  What we are doing to future generations of Americans is beyond criminal, because we are literally destroying their future just so that we can enjoy an inflated standard of living that we do not deserve today.

Treasury Secretary Steven Mnuchin has already begun to implement “extraordinary measures” to keep us under the debt ceiling.  The first step that was taken was the suspension of the sale of SLGS securities

“Today,” Mnuchin wrote, “Treasury is announcing that it will suspend the sale of State and Local Government Series (SLGS) securities. SLGS are special-purpose Treasury securities issued to states and municipalities to assist them in conforming to certain tax rules. These securities count against the debt limit. The suspension of SLGS sales will commence on March 15, 2017, and continue until the debt limit is either raised or suspended. As in the past, it is likely Treasury will utilize additional extraordinary measures.”

The federal government will be able to keep going for a little while by implementing such “extraordinary measures”, but the Treasury cash balance is going to continue to dwindle and at some point a major squeeze is going to happen.

As things get tighter and tighter, the Trump administration will become increasingly desperate to get the debt ceiling raised.  As I wrote about yesterday, the key for Trump is going to be finding 218 votes in the House of Representatives that will be willing to go along with him.

You would think that since Republicans control the House that this should be easy, but the truth is that there are a lot of conservative Republicans that are not inclined to agree to a debt ceiling increase without substantial accompanying budget cuts.

The proposed budget that Trump released this week is getting a lot of criticism from the left for cuts to social programs, but the truth is that it actually doesn’t reduce the deficit at all

President Trump’s “skinny” budget blueprint for 2018 features a proposed $54 billion increase in defense spending and an equal number of spending cuts from the smallest part of the federal budget.

That means his changes won’t add to next year’s projected $487 billion deficit. But they won’t reduce it, either.

And remember, that “$487 billion” figure is just for show.  During the Obama years the U.S. national debt increased by an average of well over a trillion dollars a year, and that is almost certainly going to continue for years to come as long as the debt ceiling is raised.

Republicans are supposed to be the party of fiscal responsibility.

So now is their big test.

If they raise the debt ceiling and continue adding more than a trillion dollars a year to the national debt, they will lose all credibility with conservative voters on fiscal issues.

But if they try to force the federal government to start living within its means that is going to severely harm the economy in the short-term.

Donald Trump is going to have to try to figure out a way to navigate this crisis.  He has already promised that he will not touch Social Security and Medicare, and those are the two biggest drivers of our budget deficits.  In fact, it is being projected that entitlement spending and interest on the debt will eat up every single penny that the federal government takes in within 20 years.

So if Trump won’t touch the big entitlement programs, where will he possibly find enough cuts to satisfy the fiscal conservatives in Congress?

Without them, Trump does not have enough votes to raise the debt ceiling.

In addition, many of the conservatives in Congress absolutely hate the new Republican health care plan, and they hope to use this debt ceiling crisis as leverage to change the bill.

If Trump can’t work out something with conservatives, perhaps he could turn to the Democrats.  But most Democrats are extremely resistant to work with him on anything after all that has been said and done, and so for Trump to get a deal with them he would have to make extreme concessions.

This represents the biggest political test for the Trump presidency so far, and if we get down the road a couple of months and nothing gets done, this debt ceiling crisis could spark the kind of financial crisis that I describe in my novel entitled “The Beginning Of The End“.

Barack Obama pushed things right to the brink a couple of times, but he was savvy enough politically to never let things go over the edge.

Now it is Trump’s turn, and somehow he has got to find a way to get the debt ceiling raised without making extremely deep compromises that would gut the rest of his agenda.

And he had better get to work on this quickly, because time is running out and the clock is ticking…


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US Demands Raped Cambodia Repay War Debt

US Demands Raped Cambodia Repay War Debt | US-Demands-Raped-Cambodia-Repay-War-Debt | War Propaganda World News

During its war on Southeast Asia, America raped and destroyed Vietnam, Laos and Cambodia.

Terror-bombing massacred civilians indiscriminately. A decade of merciless war took millions of lives, around eight million tons of ordnance used in Vietnam alone, threefold WW II’s tonnage – about 300 tons for every Vietnamese man, woman, child, infant, the elderly and infirm.

Herbicidal warfare was waged using deadly agent orange. Millions of gallons of dioxin-containing defoliant contaminated over five million acres. Exposure to minute amounts causes serious health problems or death.

Other terror-weapons were used, including napalm, white phosphorous, cluster bombs and depleted uranium.

Beginning in March 1969, Cambodia and Laos were secretly bombed, allegedly to destroy North Vietnamese and Viet Cong sanctuaries.

Terror-bombing took about 600,000 lives, mostly civilians, helping the Khmer Rouge gain power in 1975. Unspeakable horrors followed.

Thousands of US ground forces were involved, destroying dozens of towns, villages and hamlets, many thousands more killed, mostly defenseless noncombatants.

Historian Gabriel Kolko earlier said “(a)ll that the United States has the ability to accomplish…is to impose immeasurable suffering on people…”

In his “Anatomy of a War: Vietnam, the United States, and the Modern Historical Experience,” he quoted a US colonel, infamously saying “(w)e had to destroy the town to save it.”

Few Americans realize how much Southeast Asians suffered. Unexploded ordnance remains buried in fields, roads, forests, villages and rivers.

Vietnam, Laos and Cambodia were raped. Fundamental laws of war were violated. America remains unaccountable for decades of war crimes.

Washington demands Cambodia repay $500 million in “war debt” it claims was used for food. Cambodian Prime Minister Hun Sen calls it “dirty money” – used by the US-backed Lon Nol regime for weapons.

America “dropped bombs on our heads and then they ask us to repay. When we do not repay, they tell the IMF not to lend us money,” Hun Sen explained.

He asked Washington to cancel the “dirty debt.” US officials refuse. Cambodian Daily journalist James Pringle said the nation “does not owe even a brass farthing to the US for help in destroying its people, its wild animals, its rice fields, and forest cover.”

America owes Cambodia and all other countries it raped and destroyed a debt that can never be repaid.


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